kabutan

CHORI CO.,LTD., First Half Ordinary Profit Increases by 12%

Tue Oct 29, 2024 2:00 pm JST Earnings

8014 CHORI CO.,LTD. 【J-GAAP】

Earnings Report

CHORI CO.,LTD. <8014> [TSE-P] announced its financial results in the afternoon session on October 29th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 12.3% from the same period last year, reaching 8.56 billion yen. The progress rate against the 15 billion yen full-year plan was 57.1%, also surpassing the five-year average of 51.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 6.0% from the same period last year to 6.44 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 3.7 billion yen, a 7.8% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 5.0% in the same period last year to 4.9%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 168,472 6,765 7,383 4,789 194.7 59.4 Oct 28, 2022 J-GAAP
Apr - Sep, 2023 152,906 7,796 7,625 5,020 204.0 52.7 Oct 27, 2023 J-GAAP
Apr - Sep, 2024 154,455 7,384 8,560 7,038 285.6 57.1 Oct 29, 2024 J-GAAP
YoY +1.0% -5.3% +12.3% +40.2% +40.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 61 Apr 26, 2024 J-GAAP
Apr - Sep, 2024 Results 154,455 7,384 8,560 7,038 285.6 61 Oct 29, 2024 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 154,793 7,243 6,851 4,604 187.0 60 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 165,545 7,616 6,440 2,962 120.2 61 Oct 29, 2024 J-GAAP
YoY +6.9% +5.1% -6.0% -35.7% -35.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 329,389 12,656 12,437 8,124 330.2 105 Apr 28, 2023 J-GAAP
Mar, 2024 307,699 15,039 14,476 9,624 390.9 118 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 320,000 15,000 15,000 10,000 405.7 122 Apr 26, 2024 J-GAAP
YoY +4.0% -0.3% +3.6% +3.9% +3.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 77,126 3,858 4,016 2,804 114.0 5.0 Oct 27, 2023 J-GAAP
Oct - Dec, 2023 80,451 4,131 4,174 3,045 123.7 5.1 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 74,342 3,112 2,677 1,559 63.3 4.2 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 76,974 3,616 4,858 4,157 168.7 4.7 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 77,481 3,768 3,702 2,881 116.9 4.9 Oct 29, 2024 J-GAAP
YoY +0.5% -2.3% -7.8% +2.7% +2.6%

Related Articles